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Technology Stocks : Nextwave Telecom Inc.
WAVE 8.220+10.8%3:59 PM EST

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From: hedgefund7/9/2007 7:42:45 AM
   of 1088
 
NextWave in Latin America:

biz.yahoo.com

NextWave Wireless Launches Latin American Business Operation
Monday July 2, 1:34 pm ET
Rafael Steinhauser Named President of New Business Unit, Based in Sao Paulo, Brazil

SAN DIEGO--(BUSINESS WIRE)--NextWave Wireless Inc. (NASDAQ: WAVE - News), a global provider of mobile broadband products and technologies to enable Wireless 2.0, the next generation of mobile communications, today announced the launch of its Latin American business operation, NextWave Wireless - Latin America. The new business unit will deliver NextWave's broad array of industry-leading mobile broadband and wireless technology solutions to customers throughout the Latin American region. Rafael Steinhauser has been named president of the unit, which is headquartered in Sao Paulo, Brazil.
Source: NextWave Wireless Inc.

· Rafael Steinhauser, President, NextWave Wireless - Latin America (Photo: Business Wire). View Multimedia Gallery




"We look forward to providing customers in Latin America the high-performance and cost-effective wireless broadband solutions needed to support their diverse telecommunications requirements. With our global experience, a world-class line-up of proven wireless broadband products, and an ability to deliver end-to-end wireless broadband solutions, NextWave is well-positioned to take advantage of the rapidly expanding opportunities in the region," said Allen Salmasi, chairman and chief executive officer of NextWave Wireless Inc. "Rafael Steinhauser's extensive experience in the Latin American telecommunications industry will be a tremendous asset as we build new customer partnerships and deliver the full range of NextWave innovations to customers throughout the region."

Mr. Steinhauser joins NextWave Wireless with over 22 years of experience in telecommunications, half in the Latin American region. From 1994 to 1999, he served as the head of Qualcomm South America and in 1999 was appointed executive vice president at Vesper South America, a Brazilian telecommunications carrier. Mr. Steinhauser assumed the presidency of Nortel Networks Brazil in 2000, and subsequently served as president of Cisco's Brazilian division before joining NextWave Wireless. He holds a Masters Degree in Aerospace Engineering from the Technische Universitat Berlin.

"Our goal in Latin America is to enable the next generation of mobile communications and meet the growing demand for high-performance, high quality, and cost-efficient broadband services among business and residential users," said Mr. Steinhauser. "It's exciting to be part of NextWave Wireless, a global company that understands local needs, and whose wide array of innovative capabilities and flexible solutions will make a real difference for customers in Latin America."

The offices of NextWave Wireless Latin America are located at:

Market Place I
Av. Chucri Zaidan 920 - 9th andar
04583-904
Sao Paulo-SP, Brazil
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